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BioPharma Credit (LON:BPCP) Trading 1.2% Higher - Here's What Happened

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Shares of BioPharma Credit PLC (LON:BPCP - Get Free Report) were up 1.2% on Tuesday . The company traded as high as GBX 69.55 ($0.90) and last traded at GBX 69.54 ($0.90). Approximately 288,340 shares were traded during trading, an increase of 526% from the average daily volume of 46,090 shares. The stock had previously closed at GBX 68.70 ($0.89).

BioPharma Credit Stock Up 1.2 %

The firm has a 50-day moving average of GBX 68.73 and a two-hundred day moving average of GBX 68.62. The stock has a market capitalization of £1.04 billion, a price-to-earnings ratio of 9.91 and a beta of 0.22.

About BioPharma Credit

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BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. BioPharma Credit PLC was incorporated in 2016 and is based in London, the United Kingdom.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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